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,000. now where are we in terms of some of the stock news? postnl now, nestle is selling over a billion ollars worth of stock in givaudan. they are reacting aggressively. postnl down. the opening prices begin to filter in, you get a better complexion of how the market works. b.p. up 3 1/3 of 1%. >> thank you. joining us now for a look at his 2014 outlook for european equity markets is goldman sachs' chief equity strategist, peter oppenheimer. talk to me a little bit about what you're expecting for 2014. 2013, equity markets have had a good rally to say the least. can we build on that? >> i think we can. rellive to other asset classes as well. there are two wives looking at this. the prospects are still very poor and equities will benefit from what we expect to be a reasonably good pick in global growth. we're expecting pretty decent gains in europe around 15% to 15%. plus -- 12% to 15%, plus dividends. >> how much of equity growth has to do with fundamentals and how much has to do with the stimulus being delayed until april or march next year? >> we are in ra transition especially in eu
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